House Bill 30 - Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".

Purpose and Summary

Chamber: House

Introduced date: 2023-02-07

Recent Activity

The Chair directed the Clerk to notify the Senate of the action of the House.

Alternative Names

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".

Associated Legislation

Providing for consideration of the bill (H.R. 347) to require the Executive Office of the President to provide an inflation estimate with respect to Executive orders with a significant effect on the annual gross budget, and for other purposes, and providing for consideration of the joint resolution (H.J. Res. 30) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights''.

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".

Policy Areas

Labor and Employment

Potential Impact

Administrative law and regulatory procedures

Business ethics

Climate change and greenhouse gases

Congressional oversight

Department of Labor

Employee benefits and pensions

Financial services and investments

Sponsors and Supporters

Rep. Barr, Andy [R-KY-6]

Cosponsors and Supporters

Rep. Newhouse, Dan [R-WA-4]

Rep. Finstad, Brad [R-MN-1]

Rep. Biggs, Andy [R-AZ-5]

Rep. Steil, Bryan [R-WI-1]

Rep. Posey, Bill [R-FL-8]

Rep. Duncan, Jeff [R-SC-3]

Rep. Reschenthaler, Guy [R-PA-14]

Rep. Allen, Rick W. [R-GA-12]

Rep. Hill, J. French [R-AR-2]

Rep. Murphy, Gregory [R-NC-3]

Rep. Huizenga, Bill [R-MI-4]

Rep. Meuser, Daniel [R-PA-9]

Rep. McMorris Rodgers, Cathy [R-WA-5]

Rep. Luetkemeyer, Blaine [R-MO-3]

Rep. Rose, John W. [R-TN-6]

Rep. Wenstrup, Brad R. [R-OH-2]

Rep. Foxx, Virginia [R-NC-5]

Rep. LaTurner, Jake [R-KS-2]

Rep. Mooney, Alexander X. [R-WV-2]

Rep. Bishop, Dan [R-NC-8]

Rep. Roy, Chip [R-TX-21]

Rep. Emmer, Tom [R-MN-6]

Rep. Ogles, Andrew [R-TN-5]

Rep. Sessions, Pete [R-TX-17]

Rep. Davidson, Warren [R-OH-8]

Rep. Owens, Burgess [R-UT-4]

Rep. Fitzgerald, Scott [R-WI-5]

Rep. Loudermilk, Barry [R-GA-11]

Rep. Van Duyne, Beth [R-TX-24]

Rep. Crawford, Eric A. "Rick" [R-AR-1]

Rep. Weber, Randy K., Sr. [R-TX-14]

Rep. Tiffany, Thomas P. [R-WI-7]

Rep. Stewart, Chris [R-UT-2]

Rep. Williams, Roger [R-TX-25]

Rep. Rutherford, John H. [R-FL-5]

Rep. Baird, James R. [R-IN-4]

Rep. Guest, Michael [R-MS-3]

Rep. Gooden, Lance [R-TX-5]

Rep. Arrington, Jodey C. [R-TX-19]

Rep. Donalds, Byron [R-FL-19]

Rep. Nunn, Zachary [R-IA-3]

Rep. Houchin, Erin [R-IN-9]

Rep. Zinke, Ryan K. [R-MT-1]

Rep. Norman, Ralph [R-SC-5]

Rep. Wagner, Ann [R-MO-2]

Rep. Flood, Mike [R-NE-1]

Rep. Cammack, Kat [R-FL-3]

Rep. Perry, Scott [R-PA-10]

Rep. Mann, Tracey [R-KS-1]

Rep. Scott, Austin [R-GA-8]

Rep. Burchett, Tim [R-TN-2]

Rep. Miller, Carol D. [R-WV-1]

Rep. Pfluger, August [R-TX-11]

Rep. Crenshaw, Dan [R-TX-2]

Rep. Lawler, Michael [R-NY-17]

Rep. McClintock, Tom [R-CA-5]

Rep. Ezell, Mike [R-MS-4]

Rep. Balderson, Troy [R-OH-12]

Rep. Miller, Mary E. [R-IL-15]

Rep. Moolenaar, John R. [R-MI-2]

Rep. DesJarlais, Scott [R-TN-4]

Rep. Scalise, Steve [R-LA-1]

Rep. Kustoff, David [R-TN-8]

Rep. Johnson, Mike [R-LA-4]

Rep. Miller-Meeks, Mariannette [R-IA-1]

Rep. Good, Bob [R-VA-5]

Rep. Joyce, David P. [R-OH-14]

Rep. Armstrong, Kelly [R-ND-At Large]

Rep. Moore, Blake D. [R-UT-1]

Rep. Aderholt, Robert B. [R-AL-4]

Rep. Carter, Earl L. "Buddy" [R-GA-1]

Rep. Johnson, Dusty [R-SD-At Large]

Rep. Stefanik, Elise M. [R-NY-21]

Rep. Palmer, Gary J. [R-AL-6]

Rep. LaMalfa, Doug [R-CA-1]

Rep. Fischbach, Michelle [R-MN-7]

Rep. Mace, Nancy [R-SC-1]

Rep. Dunn, Neal P. [R-FL-2]

Rep. Ellzey, Jake [R-TX-6]

Rep. Stauber, Pete [R-MN-8]

Rep. Jackson, Ronny [R-TX-13]

Rep. Bice, Stephanie I. [R-OK-5]

Rep. Williams, Brandon [R-NY-22]

Rep. Bean, Aaron [R-FL-4]

Rep. Rouzer, David [R-NC-7]

Rep. Brecheen, Josh [R-OK-2]

Rep. Van Drew, Jefferson [R-NJ-2]

Rep. Banks, Jim [R-IN-3]

Rep. Curtis, John R. [R-UT-3]

Rep. Feenstra, Randy [R-IA-4]

Rep. Lesko, Debbie [R-AZ-8]

Rep. Miller, Max L. [R-OH-7]

Rep. Letlow, Julia [R-LA-5]

Rep. Moore, Barry [R-AL-2]

Rep. McClain, Lisa C. [R-MI-9]

Rep. Hunt, Wesley [R-TX-38]

Rep. Steel, Michelle [R-CA-45]

Rep. Thompson, Glenn [R-PA-15]

Rep. Gimenez, Carlos A. [R-FL-28]

Rep. Nehls, Troy E. [R-TX-22]

Rep. Rosendale Sr., Matthew M. [R-MT-2]

Rep. Hinson, Ashley [R-IA-2]

Rep. Moran, Nathaniel [R-TX-1]

Rep. Wilson, Joe [R-SC-2]

Rep. Buchanan, Vern [R-FL-16]

Rep. Boebert, Lauren [R-CO-3]

Rep. McCormick, Richard [R-GA-6]

Rep. Kiley, Kevin [R-CA-3]

Rep. McCaul, Michael T. [R-TX-10]

Rep. Burlison, Eric [R-MO-7]

Rep. Van Orden, Derrick [R-WI-3]

Rep. Smucker, Lloyd [R-PA-11]

Rep. Walberg, Tim [R-MI-5]

Rep. Grothman, Glenn [R-WI-6]

Rep. Bost, Mike [R-IL-12]

Rep. Estes, Ron [R-KS-4]

Rep. Gosar, Paul A. [R-AZ-9]

Rep. Fry, Russell [R-SC-7]

Rep. Cline, Ben [R-VA-6]

Committees and Subcommittees

Education and the Workforce Committee

Variations and Revisions

Derrick Van OrdenJulia LetlowErin Houchin

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".

12/12/2023, 6:26 AM

This joint resolution nullifies a Department of Labor rule concerning the fiduciary duties with respect to employee benefit plans.

Under the rule issued on December 1, 2022, plan fiduciaries may consider climate change and other environmen...

Congress
118

Number
HJRES - 30

Introduced on
2023-02-07

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This joint resolution nullifies a Department of Labor rule concerning the fiduciary duties with respect to employee benefit plans.

Under the rule issued on December 1, 2022, plan fiduciaries may consider climate change and other environmen...

Alternative Names
Official Title as IntroducedProviding for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".

Policy Areas
Labor and Employment

Potential Impact
Administrative law and regulatory procedures•
Business ethics•
Climate change and greenhouse gases•
Congressional oversight•
Department of Labor•
Employee benefits and pensions•
Financial services and investments

Comments

Recent Activity

Latest Summary3/6/2023

This joint resolution nullifies a Department of Labor rule concerning the fiduciary duties with respect to employee benefit plans.

Under the rule issued on December 1, 2022, plan fiduciaries may consider climate change and other environmen...


Latest Action3/23/2023
The Chair directed the Clerk to notify the Senate of the action of the House.